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Fairmount Lower Roseville Upper Roseville

NEWARK, NJ 07107

Real Estate Market Report  ·  Essex County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 07107

Fairmount · Lower Roseville · Upper Roseville

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEWARK, NJ real estate market (07107) currently shows 18 active listings, with 2 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 30 days on market compared to 44 days last year.

The median listing price has fallen 1.9% year-over-year, from $412,000 to $403,999.

Whether you are buying or selling in NEWARK, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 41,907  ·  Density: 9,814.7/mi²  ·  Median household income: $46,916

Typical home value: $304,021  ·  Homeownership: 30.9%

Market Overview

Active Listings
18
vs 18 last year
Pending
2
11% pending ratio
Median Price
$403,999
⇩ 1.9% vs $412,000 last year
Average Price
$419,593
⇩ 4.1% vs $437,509 last year
Days on Market
30
⇩ 31.8% vs 44 days last year

Price Per Square Foot

Median $/sqft
$175
⇩ 6.9% vs $188/sqft last year
Median Home Size
2,849 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 30 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $403,999 (-1.9% YoY)
  • Average: $419,593 (-4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 4.9 miles — 492 listings ($305,369,508 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07107Newark, NJ 071070.0 mi15$6,189,900$399,250$412,660
07017East Orange, NJ 070171.3 mi49$21,457,933$459,450$437,917
07018East Orange, NJ 070181.7 mi36$14,558,256$455,000$404,396
07029Harrison, NJ 070292.1 mi6$2,621,340$443,500$436,890
07109Belleville, NJ 071092.6 mi56$27,140,232$521,750$484,647
07108Newark, NJ 071082.8 mi21$9,193,590$424,950$437,790
07003Bloomfield, NJ 070033.3 mi46$25,436,528$578,500$552,968
07032Kearny, NJ 070323.5 mi38$23,437,564$598,495$616,778
07105Newark, NJ 071053.7 mi28$15,543,416$427,000$555,122
07042Montclair, NJ 070423.9 mi26$36,023,572$1,322,000$1,385,522
07110Nutley, NJ 071104.3 mi37$26,619,613$669,975$719,449
07052West Orange, NJ 070524.4 mi103$78,403,600$634,750$761,200
07040Maplewood, NJ 070404.9 mi31$18,743,964$498,950$604,644

Frequently Asked Questions

How many homes are for sale in NEWARK, NJ 07107?

As of March 2026, there are 18 active listings in NEWARK, NJ (zip code 07107), compared to 18 the prior year.

What is the median home price in NEWARK, NJ 07107?

The median listing price in NEWARK, NJ 07107 is $403,999 as of March 2026, a 1.9% decrease from $412,000 the prior year.

How long do homes stay on the market in NEWARK, NJ?

Homes in NEWARK, NJ 07107 spend an average of 30 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in NEWARK, NJ 07107?

Based on current inventory and days-on-market data as of March 2026, NEWARK, NJ 07107 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 30 days on market compared to 44 days last year.

How much can I save on real estate commission in NEWARK, NJ?

With SELL123.com's maximum 3% commission, sellers in NEWARK, NJ 07107 save an estimated $8,080 compared to a typical 5% commission on the median listing price of $403,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.